Southwest Airlines Co said on Tuesday it was cancelling nearly double the number of flights through April than it has done since the Boeing 737 MAX grounding last March amid uncertainty over when the aircraft will fly again.
The company has come under criticism from regulators, suppliers and airlines for providing what have turned out to be unrealistic estimates for the 737 MAX returning to service. 12, 2019 – Boeing abandons its goal of winning regulatory approval for the 737 MAX to resume flying in December after the FAA said the plane would not be cleared to fly before 2020. 11, 2019 – FAA chief Steve Dickson says 737 MAX will not be cleared to fly before the end of 2019. …read more […]
In a new letter seen by Yahoo Finance, several Democratic senators chided Consumer Financial Protection Bureau Director Kathy Kraninger for her handling of federal student loans and student loan servicers. …read more […]
We’re in the final lap of 2019, with 2020 in clear sight just ahead, and it’s time to start getting your portfolio ready for the next year. On the international front, where there have been recent worries about slowing growth, there are now some hints of optimism. Deutsche Bank, the German financial giant, pointed out in November that the German economy – Europe’s largest – avoided a technical recession in Q3. This was good news, and is supported by DB’s forecast that Q4 will continue to avoid contraction.Turning closer to home, we find greater optimism in the US. Market conditions …read more […]
Investors can buy low cost index fund if they want to receive the average market return. But across the board there… …read more […]
The Trump administration is finalizing a set of narrow rules to limit exports of sophisticated technology to adversaries like China, a document seen by Reuters shows, in a boon to U.S. industry that feared a much tougher crackdown on sales abroad.
Shares of Boeing Co and its main global suppliers fell on Tuesday after the U.S. planemaker said it would suspend production of its best-selling 737 MAX jet in January, its biggest assembly-line halt in more than two decades.
Boeing Co said on Monday it would suspend production of its best-selling 737 MAX jetliner in January, the firm’s biggest assembly-line halt in more than 20 years, as repercussions of two fatal crashes of the now-grounded aircraft drag into 2020.
Amazon has been building out its fleet of cargo planes to chip away at a business dominated by FedEx, UPS and the U.S. Postal Service. …read more […]
The CEO of OptiBiotix Health Plc (LON:OPTI) is Stephen O’Hara. This report will, first, examine the CEO compensation… …read more […]
Peloton (Nasdaq: PTON) stock is having a long December, but there’s reason to believe maybe next year will be better than the last. The retail and tech stock got hammered for releasing a commercial that supposedly caters to “rich elites” and “the patriarchy.” Then Citron wrote that the brand is massively overvalued.
Could a “bad” television commercial take down a brand beloved by well-to-do fitness buffs the world over? Sure.
Could Peloton stock’s valuation be fundamentally flawed and cause a massive drop in price next year? Without a doubt.
But these things miss the point of the Peloton phenomenon which reminds me quite …read more […]
Unphased by some risk? If the answer is yes, then healthcare stocks might be the way to go. These names tend to be more volatile in nature as a single catalyst like trial data or a verdict from the FDA can either propel shares upward or send them plummeting overnight.While the degree of risk involved can turn-off some potential investors, others are enticed by the possibility of sky-high rewards. Take Agile Therapeutics, for example. Shares popped over 200% after an FDA AdCom voted in favor of Twirla, its contraceptive patch.That being said, when it comes to biotechs it’s important to …read more […]
Saudi Aramco shares closed down 0.66% at 37.75 riyals ($10.07) on Tuesday, Refinitiv data showed, ahead of their inclusion into the MSCI emerging markets index, which will be effective on Wednesday.
U.S. stock index futures dipped on Tuesday, a day after Wall Street closed at all-time highs, while Boeing was set for its fourth straight session of losses as the planemaker said it would suspend production of its 737 MAX jet in January.
(Bloomberg) — Billionaire Jim Pattison scrapped his bid to take Canfor Corp. private after minority shareholders in the Canadian lumber company rejected the offer as too low given the turnaround in the sector.Investors voted 45% in favor of the C$16 a share offer, according to a tally of votes cast Monday, Canfor said in a statement. The buyout required a majority of the minority shareholders. Glen Clark, president of The Jim Pattison Group, said in an interview before the vote that the company had no plans to increase the bid.The Pattison Group, through its subsidiary Great Pacific Capital Corp., launched …read more […]
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